Tony Elumelu Entrepreneurship Program : $100 Million for African Startup Businesses
Deadline: March 01, 2016
The programme will support selected entrepreneurs through the 7 pillars of TEEP, a framework that includes:
Start up enterprise toolkit
Seed capital funding- 1000 applicants will be selected to receive up to $10, 000 seed capital.
The Tony Elumelu Foundation Entrepreneurship Programme (TEEP) is the flagship entrepreneurship programme of the Tony Elumelu Foundation, founded by the entrepreneur, respected investor and philanthropist Tony O. Elumelu. The programme is designed to identify 10,000 african startups and entrepreneurs with ideas that have the potential to succeed, Grow the businesses through business skills training and accesss to seed capital funding , information. TEEP also create businesses that can generate at least 1,000,000 new jobs and contribute atleast $10 billion in new annual revenues across Afica.
The programme is opened to all africans with start up businesses operating in africa who are aged 18yrs and above.
The proposed business must operate in africa and applicants must be legal residents of one of the 54 african countries.
Applicants must have legal rights to work in the african country where busuness is located.
All businesses must be business ideas oe an early stage company, in the range of 0-3 years from date of registration